FINANCE
EPF Calculator
Calculate EPF corpus, employee and employer contribution with 8.25% interest. Free, instant results 100% in your browser - private and works offline.
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About EPF Calculator
EPF Calculator estimates Employee Provident Fund corpus with the current 8.25% p.a. (FY 2023-24). Employee contributes 12% of basic+DA, equal employer share (8.33% to EPS, rest to EPF) – our tool shows employee corpus for clarity, as EPS pension is separate.
Formula
Monthly contribution = Basic × 12%
Corpus = Yearly contribution × [ (1+r)^n -1 ] / r where r=8.25%/12 monthly, n = months.
Corpus = Yearly contribution × [ (1+r)^n -1 ] / r where r=8.25%/12 monthly, n = months.
Example
Basic Rs 20,000 → Rs 2,400/month employee → Rs 28,800/year
20 years @ 8.25% → Employee corpus ~Rs 14,18,000 (interest ~Rs 8,42,000)
Add employer EPF share (3.67%) to double approx total.
20 years @ 8.25% → Employee corpus ~Rs 14,18,000 (interest ~Rs 8,42,000)
Add employer EPF share (3.67%) to double approx total.
FAQ
Is EPF interest taxable?
Up to Rs 2.5 lakh yearly employee contribution interest is tax-free.
When can I withdraw?
Full withdrawal at retirement or 2 months unemployment; partial for house, medical, education as per EPFO rules.
Related: PPF Calculator • Gratuity Calculator • SIP Calculator